Liechtenstein Princely Family $487 Billion LGT Group Hires Standard Chartered Bank Thailand President & CEO Anchalee Bunsongsikul as LGT Securities (Thailand) CEO, 29 Years Corporate Banking & Financial Industry Experience at ABN AMRO Bank, Royal Bank of Scotland (RBS) & Standard Chartered Bank
13th May 2026 | Hong Kong
Liechtenstein Princely family LGT Group ($487 billion AUM) has hired Standard Chartered Bank Thailand President & CEO Anchalee Bunsongsikul as LGT Securities (Thailand) CEO. Anchalee Bunsongsikul has 29 years of corporate banking & financial industry experience at ABN AMRO Bank, Royal Bank of Scotland (RBS) & Standard Chartered Bank. Announcement (13/5/26): “LGT continues to strengthen its leadership team in Thailand with the appointment of Anchalee Bunsongsikul as Chief Executive Officer of LGT Securities (Thailand) Limited (“LGT Thailand”). This senior management hire underlines the strategic importance of Thailand for LGT and reflects the firm’s commitment to further expanding its presence in the market. With over three decades of leadership experience in international banking, including most recently as President and Chief Executive. Officer, Thailand and Representative Offices for Standard Chartered Bank, Anchalee Bunsongsikul will further strengthen LGT’s senior management bench in Thailand. She brings extensive experience in corporate banking, financial markets and client coverage, as well as a deep understanding of the local client landscape. The appointment will take effect on 15 May 2026. Upon joining LGT Thailand, Anchalee Bunsongsikul will also become a member of the Executive Board Asia Pacific of LGT Private Banking. LGT has deep roots in Asia. Since opening its first representative office in Hong Kong in 1986, LGT has grown into a competitive regional. private bank and wealth manager. In 2019, LGT launched its wealth management business in Thailand. Today, the Bangkok office comprises a strong team of experienced relationship managers and investment consultants who provide investment and wealth management services to Thai clients, complementing LGT’s private banking operations in Hong Kong and Singapore. Across Asia Pacific, LGT has a presence in Hong Kong, Singapore, Thailand, Japan, Australia, India and the Middle East, and employs around 1800 people in the region. In 2025, LGT ranked as the sixth largest private bank in the region, with USD 164 billion in assets under management as of the end of 2025.” In 2026 March, LGT Group reported $564 million profit & $489 billion AUM in 2025. In 2026 February, LGT Wealth Management Australia hired KPMG Kaajal Prasad as Head of Family Advisory based in Australia. Kaajal Prasad has 18 years of business & family advisory experience at Deloitte, KPMG & Fordham Business Advisors in Australia & New Zealand. LGT family office team in APAC include Ping Ping Lim (Vice-Chairwoman, Global Family Wealth for LGT Private Banking APAC), & Peter Lee (Head of Family Office Services, Hong Kong). In 2025 October, Liechtenstein LGT Private Bank ($451 billion Group AUM) appointed ex-LGT Bank Switzerland CEO Heinrich Henckel as CEO LGT Wealth Management (1/2/26) to succeed Ben Snee, who will depart in early 2026 to non-financial sector after 13 years as CEO. Heinrich Henckel senior leadership & board roles include CEO of LGT Bank Switzerland (2013 to 2023), CEO of SWX Swiss Exchange, President of the Association of Foreign Banks in Switzerland, Board Member of the Swiss Bankers Association & Executive Board Member of LGT Bank Switzerland. In 2025 September, LGT Private Bank hired Schroders 12-year veteran Robert Ridland as Managing Director in Singapore. Robert Ridland has 19 years experience in Wealth Management for HNWIs, family offices, charities & endowments in UK & Asia, and held leadership roles including as Schroders Head of Wealth Management Hong Kong. In 2025 September, Liechtenstein LGT Private Bank in India (LGT Wealth India) hired 7 Barclays private banking veterans in India with hiring of 1) Sunit Jain (Head of North at Barclays Private Bank India & 16-year veteran), 2) Rakesh Kriplani (Chairman of Barclays NBFC, Head of Banking & Credit Private Bank India & 15-year veteran), 3) Anirudh Chowdhry, 4) Harpreet Sawhney, 5) Manisha Saxena, 6) Farzana Irani & 7) Vishal Khetan. Both Sunit Jain & Rakesh Kriplani join as LGT Wealth India Co-Head of Client Coverage. In 2025 August, LGT Private Bank appointed Head of Products, Services & Investments APAC Mika Kastenholz as Global Head of Investment Solutions & Senior Management Board Member of LGT Private Banking. Mika Kastenholz joined LGT in 2023, and has 19 years of financial industry experience including at Credit Suisse & LGT. In 2025 August, LGT investment manager LGT Capital Partners ($100 billion AUM) bought a minority stake in United States communication & advisory firm Teneo at around $2.3 billion valuation from majority shareholder CVC Capital Partners & Teneo management team. In 2025 June, Alternative investment marketplace iCapital ($918 billion activity volume) formed a partnership with Liechtenstein private bank LGT, with the integration of iCapital alternative investment technology platform into LGT banking systems, allowing LGT relationship managers, investment advisors & operations teams to manage alternative investment end-to-end process (including marketing, document repository, reporting & analysis). In 2024 November, LGT announced to buy Commonwealth Bank of Australia (CBA) Personal Advice Business with $3.2 billion AUM, and will integrate CBA Personal Advice HNW clients (High net worth), 40 advisors & support staff into LGT Australia business (LGT Crestone with 350 employees & 100 advisors). Earlier in 2024 November, Liechtenstein private bank LGT hired KPMG & ex-UBS Peter Lee as Head of Family Office Services. Peter Lee has more than 33 years of financial industry experience including at Deloitte, KPMG, UBS, Rabobank & Daiwa. Peter Lee joins from KPMG China (Partner, Family Advisory, Private Enterprise Practice), and prior was with UBS (Head of Family Advisory APAC, Global Wealth Management) and Deloitte (Partner & Leader, Family office & Family Enterprise Consulting). In 2024 August, LGT appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank. In 2021, LGT Group appointed current CEO of Liechtensteinische Landesbank (LLB) Roland Matt as the new CEO of LGT Bank in 2022. In 2020, LGT Group with CHF 228 billion AUM ($234 billion) and owned by the royal family of Liechtenstein, announced the split of LGT Group into 3 new independent companies, LGT Private Banking, LGT Capital Partners and Lightstone (Impact Investing), effective in 2021. The 3 companies, currently under LGT Group, will be held directly by the Prince of Liechtenstein Foundation and operate as 3 independent companies. 1) LGT Private Banking (CHF 170 billion AUM), 2) LGT Capital Partners (CHF 60 billion AUM) & 3) Lightstone (CHF 500 million AUM).
“ Liechtenstein Princely Family $487 Billion LGT Group Hires Standard Chartered Bank Thailand President & CEO Anchalee Bunsongsikul as LGT Securities (Thailand) CEO, 29 Years Corporate Banking & Financial Industry Experience at ABN AMRO Bank, Royal Bank of Scotland (RBS) & Standard Chartered Bank “
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Dr. Henri Leimer, Chief Executive Officer, LGT Private Banking Asia Pacific: “Thailand is an important market for us, one where we have built a strong market position through a consistent, relationship-led approach focused on serving Thai families and entrepreneurs.”
Karn Karuhadej, Managing Director and Senior Market Adviser: “Anchalee brings extensive leadership experience, strong client relationships and deep market knowledge that will further strengthen our franchise in Thailand. We look forward to welcoming her to our team and working together to further develop our business in the region.”
LGT – LGT is a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As at 31 December 2025, LGT managed assets of CHF 386.1 billion (USD 487.3 billion) for wealthy private individuals and institutional clients. LGT employs 6000 people who work out of more than 40 locations in Europe, Asia, the Americas, Australia and the Middle East.
Liechtenstein Princely Family $451 Billion LGT Group LGT Wealth Management Australia Hires KPMG Kaajal Prasad as Head of Family Advisory, 18 Years of Business & Family Advisory Experience at Deloitte, KPMG & Fordham Business Advisors in Australia & New Zealand, LGT Family Office Team in APAC Include Ping Ping Lim (Vice-Chairwoman, Global Family Wealth for LGT Private Banking APAC), & Peter Lee (Head of Family Office Services, Hong Kong)
23rd February 2026 – Liechtenstein Princely family $451 billion LGT Group LGT Wealth Management Australia has hired KPMG Kaajal Prasad as Head of Family Advisory based in Australia. Kaajal Prasad has 18 years of business & family advisory experience at Deloitte, KPMG & Fordham Business Advisors in Australia & New Zealand. LGT family office team in APAC include Ping Ping Lim (Vice-Chairwoman, Global Family Wealth for LGT Private Banking APAC), & Peter Lee (Head of Family Office Services, Hong Kong). Announcement (23/2/26): “LGT Wealth Management Australia has appointed Kaajal Prasad as Head of Family Advisory, expanding the firm’s expertise in family governance and strategic wealth transfer. Kaajal brings extensive experience in wealth structuring and family governance to support Australia’s high-net-worth (HNW) and ultra-high-net-worth (UHNW) clientele in preserving and growing their wealth across generations. As Head of Family Advisory, based in Melbourne, Kaajal will be responsible for leading LGT Wealth Management’s efforts in addressing the growing needs of sophisticated investors across Australia. With an estimated AUD$3.5 trillion expected to transfer between generations over the next decade, succession planning, family values, dynamics and governance have become critical priorities for those seeking long-term wealth preservation. LGT Wealth Management – wholly owned by LGT – draws on the Princely Family of Liechtenstein’s 900-year legacy of wealth stewardship. This unique heritage enables the firm to offer clients unparalleled expertise in navigating the complexities of succession planning, governance and legacy building. Kaajal’s deep knowledge and experience will further enhance the firm’s ability to deliver tailored guidance to Australian families … … Kaajal joins LGT Wealth Management from KPMG, where she was a partner in the Family and Private Client business. With over 18 years’ experience in wealth structuring and governance, she has been a trusted advisor to HNW and UHNW families as well as not-for-profit boards, guiding them through the intricacies of succession planning, risk management, growth strategies for emerging businesses asset protection and more. Her deep subject matter expertise, coupled with a passion for delivering tailored advisory solutions, will be invaluable in empowering LGT Wealth Management’s advisers and clients. Kaajal is a Chartered Accountant, a registered tax agent and holds a law degree. She also serves as an independent adviser to several family-owned businesses and not-for-profit organisations.” In 2025 October, Liechtenstein LGT Private Bank ($451 billion Group AUM) appointed ex-LGT Bank Switzerland CEO Heinrich Henckel as CEO LGT Wealth Management (1/2/26) to succeed Ben Snee, who will depart in early 2026 to non-financial sector after 13 years as CEO. Heinrich Henckel senior leadership & board roles include CEO of LGT Bank Switzerland (2013 to 2023), CEO of SWX Swiss Exchange, President of the Association of Foreign Banks in Switzerland, Board Member of the Swiss Bankers Association & Executive Board Member of LGT Bank Switzerland. In 2025 September, LGT Private Bank hired Schroders 12-year veteran Robert Ridland as Managing Director in Singapore. Robert Ridland has 19 years experience in Wealth Management for HNWIs, family offices, charities & endowments in UK & Asia, and held leadership roles including as Schroders Head of Wealth Management Hong Kong. In 2025 September, Liechtenstein LGT Private Bank in India (LGT Wealth India) hired 7 Barclays private banking veterans in India with hiring of 1) Sunit Jain (Head of North at Barclays Private Bank India & 16-year veteran), 2) Rakesh Kriplani (Chairman of Barclays NBFC, Head of Banking & Credit Private Bank India & 15-year veteran), 3) Anirudh Chowdhry, 4) Harpreet Sawhney, 5) Manisha Saxena, 6) Farzana Irani & 7) Vishal Khetan. Both Sunit Jain & Rakesh Kriplani join as LGT Wealth India Co-Head of Client Coverage. In 2025 August, LGT Private Bank appointed Head of Products, Services & Investments APAC Mika Kastenholz as Global Head of Investment Solutions & Senior Management Board Member of LGT Private Banking. Mika Kastenholz joined LGT in 2023, and has 19 years of financial industry experience including at Credit Suisse & LGT. In 2025 August, LGT investment manager LGT Capital Partners ($100 billion AUM) bought a minority stake in United States communication & advisory firm Teneo at around $2.3 billion valuation from majority shareholder CVC Capital Partners & Teneo management team. In 2025 June, Alternative investment marketplace iCapital ($918 billion activity volume) formed a partnership with Liechtenstein private bank LGT, with the integration of iCapital alternative investment technology platform into LGT banking systems, allowing LGT relationship managers, investment advisors & operations teams to manage alternative investment end-to-end process (including marketing, document repository, reporting & analysis). In 2024 November, LGT announced to buy Commonwealth Bank of Australia (CBA) Personal Advice Business with $3.2 billion AUM, and will integrate CBA Personal Advice HNW clients (High net worth), 40 advisors & support staff into LGT Australia business (LGT Crestone with 350 employees & 100 advisors). Earlier in 2024 November, Liechtenstein private bank LGT hired KPMG & ex-UBS Peter Lee as Head of Family Office Services. Peter Lee has more than 33 years of financial industry experience including at Deloitte, KPMG, UBS, Rabobank & Daiwa. Peter Lee joins from KPMG China (Partner, Family Advisory, Private Enterprise Practice), and prior was with UBS (Head of Family Advisory APAC, Global Wealth Management) and Deloitte (Partner & Leader, Family office & Family Enterprise Consulting). In 2024 August, LGT appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank. In 2021, LGT Group appointed current CEO of Liechtensteinische Landesbank (LLB) Roland Matt as the new CEO of LGT Bank in 2022. In 2020, LGT Group with CHF 228 billion AUM ($234 billion) and owned by the royal family of Liechtenstein, announced the split of LGT Group into 3 new independent companies, LGT Private Banking, LGT Capital Partners and Lightstone (Impact Investing), effective in 2021. The 3 companies, currently under LGT Group, will be held directly by the Prince of Liechtenstein Foundation and operate as 3 independent companies. 1) LGT Private Banking (CHF 170 billion AUM), 2) LGT Capital Partners (CHF 60 billion AUM) & 3) Lightstone (CHF 500 million AUM).
Michael Chisholm, Chief Executive Officer of LGT Wealth Management: ”We’ve been deliberate in our search for a leader who not only aligns with our vision but also understands the evolving needs of Australian families. Kaajal’s expertise in wealth structuring, governance and succession planning makes her a natural fit for LGT Wealth Management. As we see intergenerational wealth transfer rise in prominence, her leadership will ensure we remain focused on what matters most to our clients – their family values and long-term aspirations – ensuring these elements are at the heart of their wealth planning. As part of one of the world’s largest family-owned wealth management firms, LGT Wealth Management is uniquely positioned in the Australian market. We combine deep, local relationships with the stability, scale and expertise of a global leader in wealth management. By drawing on centuries of experience in intergenerational wealth transfer, we’re able to provide tailored governance and succession planning solutions that help families build lasting legacies. Kaajal’s appointment marks an important milestone for us, further strengthening our role as a trusted partner in securing the future of these families.”
Ping Ping Lim, Vice Chairwoman, Global Family Wealth for LGT Private Banking APAC: “Kaajal’s appointment marks a significant step in LGT Wealth Management’s continued commitment to providing Australian families with strategic guidance grounded in global best practices. We’re excited for Kaajal to lead our efforts in Australia, building lasting legacies and fostering trust with the families we serve.”
Kaajal Prasad: ”The future of wealth management is not just about preserving assets – it’s about preserving legacies, and I’m honoured to play a part in that journey for Australian families at LGT Wealth Management. I look forward to working closely with clients to ensure that their wealth is not only protected but also passed down in a way that reflects their values, vision and long-term goals. It’s about creating a foundation that transcends generations and leaves a lasting impact for those who follow.”
Liechtenstein $451 Billion LGT Private Bank Appoints ex-LGT Bank Switzerland CEO Heinrich Henckel as CEO LGT Wealth Management (1/2/26) to Succeed Ben Snee Who Will Depart after 13 Years as CEO, Heinrich Henckel Senior Leadership & Board Roles Include CEO of LGT Bank Switzerland (2013 to 2023), CEO of SWX Swiss Exchange, President of the Association of Foreign Banks in Switzerland, Board Member of the Swiss Bankers Association & Executive Board Member of LGT Bank Switzerland
2nd October – Liechtenstein LGT Private Bank ($451 billion Group AUM) has appointed ex-LGT Bank Switzerland CEO Heinrich Henckel as CEO LGT Wealth Management (1/2/26) to succeed Ben Snee, who will depart in early 2026 to non-financial sector after 13 years as CEO. Heinrich Henckel senior leadership & board roles include CEO of LGT Bank Switzerland (2013 to 2023), CEO of SWX Swiss Exchange, President of the Association of Foreign Banks in Switzerland, Board Member of the Swiss Bankers Association & Executive Board Member of LGT Bank Switzerland. Announcement (1/10/25): “After 13 years as CEO of LGT Wealth Management, Ben Snee has decided to step down. He will hand over leadership in early 2026, after which he will remain closely connected to the firm in a non-executive capacity. Heinrich Henckel, former long-standing CEO of LGT Bank Switzerland and member of the Senior Management Board of LGT Private Banking, will take on the role of CEO – subject to regulatory approval. Heinrich Henckel, a highly experienced financial industry executive, will take over as CEO of LGT Wealth Management in the UK. He joined LGT in 2009 and was, as a member of LGT Bank Switzerland’s executive board, initially responsible for the Swiss and European client markets, before serving as CEO of LGT Bank Switzerland from 2013 to 2023. Henckel gained international ex- perience at Baker & McKenzie in Hong Kong, Jakarta and Zurich, and later held senior positions at the Swiss Stock Exchange, including CEO of SWX Swiss Exchange and member of the SIX Group Executive Board. He has also been active in key industry committees, serving as President of the Association of Foreign Banks in Switzerland and as a board member of the Swiss Bank- ers Association. Henckel will join LGT Wealth Management on 2 January 2026 and assume the role of CEO on 1 February 2026. He is expected to serve in this capacity for the next two to three years, providing ample time for a smooth transition to a permanent successor. Ben Snee will be pursuing a new professional direction outside the financial sector but will continue to support LGT Wealth Management through his roles on all board mandates. Today, LGT Wealth Management UK is one of the ten largest wealth managers in the UK and remains a cornerstone of LGT Private Banking’s international growth strategy.” In 2025 September, LGT Private Bank hired Schroders 12-year veteran Robert Ridland as Managing Director in Singapore. Robert Ridland has 19 years experience in Wealth Management for HNWIs, family offices, charities & endowments in UK & Asia, and held leadership roles including as Schroders Head of Wealth Management Hong Kong. In 2025 September, Liechtenstein LGT Private Bank in India (LGT Wealth India) hired 7 Barclays private banking veterans in India with hiring of 1) Sunit Jain (Head of North at Barclays Private Bank India & 16-year veteran), 2) Rakesh Kriplani (Chairman of Barclays NBFC, Head of Banking & Credit Private Bank India & 15-year veteran), 3) Anirudh Chowdhry, 4) Harpreet Sawhney, 5) Manisha Saxena, 6) Farzana Irani & 7) Vishal Khetan. Both Sunit Jain & Rakesh Kriplani join as LGT Wealth India Co-Head of Client Coverage. In 2025 August, LGT Private Bank appointed Head of Products, Services & Investments APAC Mika Kastenholz as Global Head of Investment Solutions & Senior Management Board Member of LGT Private Banking. Mika Kastenholz joined LGT in 2023, and has 19 years of financial industry experience including at Credit Suisse & LGT. In 2025 August, LGT investment manager LGT Capital Partners ($100 billion AUM) bought a minority stake in United States communication & advisory firm Teneo at around $2.3 billion valuation from majority shareholder CVC Capital Partners & Teneo management team. In 2025 June, Alternative investment marketplace iCapital ($918 billion activity volume) formed a partnership with Liechtenstein private bank LGT, with the integration of iCapital alternative investment technology platform into LGT banking systems, allowing LGT relationship managers, investment advisors & operations teams to manage alternative investment end-to-end process (including marketing, document repository, reporting & analysis). In 2024 November, LGT announced to buy Commonwealth Bank of Australia (CBA) Personal Advice Business with $3.2 billion AUM, and will integrate CBA Personal Advice HNW clients (High net worth), 40 advisors & support staff into LGT Australia business (LGT Crestone with 350 employees & 100 advisors). Earlier in 2024 November, Liechtenstein private bank LGT hired KPMG & ex-UBS Peter Lee as Head of Family Office Services. Peter Lee has more than 33 years of financial industry experience including at Deloitte, KPMG, UBS, Rabobank & Daiwa. Peter Lee joins from KPMG China (Partner, Family Advisory, Private Enterprise Practice), and prior was with UBS (Head of Family Advisory APAC, Global Wealth Management) and Deloitte (Partner & Leader, Family office & Family Enterprise Consulting). In 2024 August, LGT appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank. In 2021, LGT Group appointed current CEO of Liechtensteinische Landesbank (LLB) Roland Matt as the new CEO of LGT Bank in 2022. In 2020, LGT Group with CHF 228 billion AUM ($234 billion) and owned by the royal family of Liechtenstein, announced the split of LGT Group into 3 new independent companies, LGT Private Banking, LGT Capital Partners and Lightstone (Impact Investing), effective in 2021. The 3 companies, currently under LGT Group, will be held directly by the Prince of Liechtenstein Foundation and operate as 3 independent companies. 1) LGT Private Banking (CHF 170 billion AUM), 2) LGT Capital Partners (CHF 60 billion AUM) & 3) Lightstone (CHF 500 million AUM).
Olivier de Perregaux, CEO LGT Private Banking: “We are very pleased that Heinrich Henckel has agreed to lead LGT Wealth Management. He knows LGT inside out, and as a member of the LGT Wealth Management UK Governing Board, he is already well acquainted with our business in the UK. I would like to extend my sincere thanks to Ben Snee for his outstanding commit- ment over the past 13 years. He has developed LGT Wealth Management into a leading firm in the UK market and has laid a strong foundation for the future.”
Ben Snee, CEO LGT Wealth Management: “Leading LGT Wealth Management has been the greatest privilege. What makes me most proud is the extraordinary team we have built, and the way we have always put our clients at the centre of everything we do. I am grateful to my colleagues for their dedication and to our owner for their unwavering support. While I am looking forward to pursuing a new path, I am delighted to remain con- nected to the firm in a non-executive capacity.”
H.S.H. Prince Max von und zu Liechtenstein, Chairman LGT: “Since its foundation in 2008, Ben Snee has developed LGT Wealth Management into a major player in the UK’s wealth management industry. Under his leadership, the business has grown con- sistently, established a strong corporate culture, and significantly increased its client assets. I am deeply grateful to him for his contribution and am pleased that he will continue to support us in a non-executive capacity. In Heinrich Henckel, an experienced and long-standing banker with in-depth knowledge of both LGT and the industry, we are gaining a highly capable leader who will ensure the continued development of our UK business with skill and reliability.”
LGT – LGT is a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As of 30 June 2025, LGT managed assets of CHF 359.6 billion (USD 451.6 billion) for wealthy private individuals and institutional clients. LGT employs over 6000 people who work out of more than 30 locations in Europe, Asia, the Americas, Australia and the Middle East.
Liechtenstein $455 Billion LGT Private Bank Hires Schroders 12-Year Veteran Robert Ridland as Managing Director in Singapore, 19 Years Experience in Wealth Management for HNWIs, Family Offices, Charities & Endowments in UK & Asia and Held Leadership Roles Including as Schroders Head of Wealth Management Hong Kong
29th September – Liechtenstein LGT Private Bank ($455 billion Group AUM) has hired Schroders 12-year veteran Robert Ridland as Managing Director in Singapore. Robert Ridland has 19 years experience in Wealth Management for HNWIs, family offices, charities & endowments in UK & Asia, and held leadership roles including as Schroders Head of Wealth Management Hong Kong. In 2025 September, Liechtenstein LGT Private Bank in India (LGT Wealth India) hired 7 Barclays private banking veterans in India with hiring of 1) Sunit Jain (Head of North at Barclays Private Bank India & 16-year veteran), 2) Rakesh Kriplani (Chairman of Barclays NBFC, Head of Banking & Credit Private Bank India & 15-year veteran), 3) Anirudh Chowdhry, 4) Harpreet Sawhney, 5) Manisha Saxena, 6) Farzana Irani & 7) Vishal Khetan. Both Sunit Jain & Rakesh Kriplani join as LGT Wealth India Co-Head of Client Coverage. In 2025 August, LGT Private Bank appointed Head of Products, Services & Investments APAC Mika Kastenholz as Global Head of Investment Solutions & Senior Management Board Member of LGT Private Banking. Mika Kastenholz joined LGT in 2023, and has 19 years of financial industry experience including at Credit Suisse & LGT. In 2025 August, LGT investment manager LGT Capital Partners ($100 billion AUM) bought a minority stake in United States communication & advisory firm Teneo at around $2.3 billion valuation from majority shareholder CVC Capital Partners & Teneo management team. In 2025 June, Alternative investment marketplace iCapital ($918 billion activity volume) formed a partnership with Liechtenstein private bank LGT, with the integration of iCapital alternative investment technology platform into LGT banking systems, allowing LGT relationship managers, investment advisors & operations teams to manage alternative investment end-to-end process (including marketing, document repository, reporting & analysis). In 2024 November, LGT announced to buy Commonwealth Bank of Australia (CBA) Personal Advice Business with $3.2 billion AUM, and will integrate CBA Personal Advice HNW clients (High net worth), 40 advisors & support staff into LGT Australia business (LGT Crestone with 350 employees & 100 advisors). Earlier in 2024 November, Liechtenstein private bank LGT hired KPMG & ex-UBS Peter Lee as Head of Family Office Services. Peter Lee has more than 33 years of financial industry experience including at Deloitte, KPMG, UBS, Rabobank & Daiwa. Peter Lee joins from KPMG China (Partner, Family Advisory, Private Enterprise Practice), and prior was with UBS (Head of Family Advisory APAC, Global Wealth Management) and Deloitte (Partner & Leader, Family office & Family Enterprise Consulting). In 2024 August, LGT appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank. In 2021, LGT Group appointed current CEO of Liechtensteinische Landesbank (LLB) Roland Matt as the new CEO of LGT Bank in 2022. In 2020, LGT Group with CHF 228 billion AUM ($234 billion) and owned by the royal family of Liechtenstein, announced the split of LGT Group into 3 new independent companies, LGT Private Banking, LGT Capital Partners and Lightstone (Impact Investing), effective in 2021. The 3 companies, currently under LGT Group, will be held directly by the Prince of Liechtenstein Foundation and operate as 3 independent companies. 1) LGT Private Banking (CHF 170 billion AUM), 2) LGT Capital Partners (CHF 60 billion AUM) & 3) Lightstone (CHF 500 million AUM).
Liechtenstein $455 Billion LGT Private Bank India (LGT Wealth India) Hires 7 Barclays Private Banking Veterans in India with 1) Sunit Jain (Head of North at Barclays Private Bank India & 16-Year Veteran), 2) Rakesh Kriplani (Chairman of Barclays NBFC, Head of Banking & Credit Private Bank India & 15-Year Veteran), 3) Anirudh Chowdhry, 4) Harpreet Sawhney, 5) Manisha Saxena, 6) Farzana Irani & 7) Vishal Khetan, Both Sunit Jain & Rakesh Kriplani Join as LGT Wealth India Co-Head of Client Coverage
8th September – Liechtenstein LGT Private Bank ($455 billion Group AUM) in India (LGT Wealth India) has hired 7 Barclays private banking veterans in India with hiring of 1) Sunit Jain (Head of North at Barclays Private Bank India & 16-year veteran), 2) Rakesh Kriplani (Chairman of Barclays NBFC, Head of Banking & Credit Private Bank India & 15-year veteran), 3) Anirudh Chowdhry, 4) Harpreet Sawhney, 5) Manisha Saxena, 6) Farzana Irani & 7) Vishal Khetan. Both Sunit Jain & Rakesh Kriplani join as LGT Wealth India Co-Head of Client Coverage. In 2025 August, LGT Private Bank appointed Head of Products, Services & Investments APAC Mika Kastenholz as Global Head of Investment Solutions & Senior Management Board Member of LGT Private Banking. Mika Kastenholz joined LGT in 2023, and has 19 years of financial industry experience including at Credit Suisse & LGT. In 2025 August, LGT investment manager LGT Capital Partners ($100 billion AUM) has bought a minority stake in United States communication & advisory firm Teneo at around $2.3 billion valuation from majority shareholder CVC Capital Partners & Teneo management team. In 2025 June, Alternative investment marketplace iCapital ($918 billion activity volume) formed a partnership with Liechtenstein private bank LGT, with the integration of iCapital alternative investment technology platform into LGT banking systems, allowing LGT relationship managers, investment advisors & operations teams to manage alternative investment end-to-end process (including marketing, document repository, reporting & analysis). In 2024 November, LGT announced to buy Commonwealth Bank of Australia (CBA) Personal Advice Business with $3.2 billion AUM, and will integrate CBA Personal Advice HNW clients (High net worth), 40 advisors & support staff into LGT Australia business (LGT Crestone with 350 employees & 100 advisors). Earlier in 2024 November, Liechtenstein private bank LGT hired KPMG & ex-UBS Peter Lee as Head of Family Office Services. Peter Lee has more than 33 years of financial industry experience including at Deloitte, KPMG, UBS, Rabobank & Daiwa. Peter Lee joins from KPMG China (Partner, Family Advisory, Private Enterprise Practice), and prior was with UBS (Head of Family Advisory APAC, Global Wealth Management) and Deloitte (Partner & Leader, Family office & Family Enterprise Consulting). In 2024 August, LGT appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank. In 2021, LGT Group appointed current CEO of Liechtensteinische Landesbank (LLB) Roland Matt as the new CEO of LGT Bank in 2022. In 2020, LGT Group with CHF 228 billion AUM ($234 billion) and owned by the royal family of Liechtenstein, announced the split of LGT Group into 3 new independent companies, LGT Private Banking, LGT Capital Partners and Lightstone (Impact Investing), effective in 2021. The 3 companies, currently under LGT Group, will be held directly by the Prince of Liechtenstein Foundation and operate as 3 independent companies. 1) LGT Private Banking (CHF 170 billion AUM), 2) LGT Capital Partners (CHF 60 billion AUM) & 3) Lightstone (CHF 500 million AUM).
Liechtenstein $455 Billion LGT Private Bank Appoints Head of Products, Services & Investments APAC Mika Kastenholz as Global Head of Investment Solutions & Senior Management Board Member of LGT Private Banking, Joined LGT in 2023 & Has 19 Years of Financial Industry Experience Including at Credit Suisse & LGT
21st August – Liechtenstein LGT Private Bank ($455 billion Group AUM) has appointed Head of Products, Services & Investments APAC Mika Kastenholz as Global Head of Investment Solutions & Senior Management Board Member of LGT Private Banking. Mika Kastenholz joined LGT in 2023, and has 19 years of financial industry experience including at Credit Suisse & LGT. In 2025 August, LGT investment manager LGT Capital Partners ($100 billion AUM) has bought a minority stake in United States communication & advisory firm Teneo at around $2.3 billion valuation from majority shareholder CVC Capital Partners & Teneo management team. In 2025 June, Alternative investment marketplace iCapital ($918 billion activity volume) formed a partnership with Liechtenstein private bank LGT, with the integration of iCapital alternative investment technology platform into LGT banking systems, allowing LGT relationship managers, investment advisors & operations teams to manage alternative investment end-to-end process (including marketing, document repository, reporting & analysis). In 2024 November, LGT announced to buy Commonwealth Bank of Australia (CBA) Personal Advice Business with $3.2 billion AUM, and will integrate CBA Personal Advice HNW clients (High net worth), 40 advisors & support staff into LGT Australia business (LGT Crestone with 350 employees & 100 advisors). Earlier in 2024 November, Liechtenstein private bank LGT hired KPMG & ex-UBS Peter Lee as Head of Family Office Services. Peter Lee has more than 33 years of financial industry experience including at Deloitte, KPMG, UBS, Rabobank & Daiwa. Peter Lee joins from KPMG China (Partner, Family Advisory, Private Enterprise Practice), and prior was with UBS (Head of Family Advisory APAC, Global Wealth Management) and Deloitte (Partner & Leader, Family office & Family Enterprise Consulting). In 2024 August, LGT appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank. In 2021, LGT Group appointed current CEO of Liechtensteinische Landesbank (LLB) Roland Matt as the new CEO of LGT Bank in 2022. In 2020, LGT Group with CHF 228 billion AUM ($234 billion) and owned by the royal family of Liechtenstein, announced the split of LGT Group into 3 new independent companies, LGT Private Banking, LGT Capital Partners and Lightstone (Impact Investing), effective in 2021. The 3 companies, currently under LGT Group, will be held directly by the Prince of Liechtenstein Foundation and operate as 3 independent companies. 1) LGT Private Banking (CHF 170 billion AUM), 2) LGT Capital Partners (CHF 60 billion AUM) & 3) Lightstone (CHF 500 million AUM).
Liechtenstein $356 Billion Private Bank & Asset Manager LGT Buys Commonwealth Bank of Australia Personal Advice Business with $3.2 Billion AUM, Will Integrate HNW Clients, 40 Advisors & Support Staff into LGT Australia Business LGT Crestone with 350 Employees & 100 Advisors
12th November 2024 – Liechtenstein private bank & asset manager LGT ($356 billion AUM) has announced to buy Commonwealth Bank of Australia (CBA) Personal Advice Business with $3.2 billion AUM, and will integrate CBA Personal Advice HNW clients (High net worth), 40 advisors & support staff into LGT Australia business (LGT Crestone with 350 employees & 100 advisors). LGT (11/11/24): “LGT, the international private banking and asset management group owned by the Princely Family of Liechtenstein, has signed an agreement to acquire the personal advice business of Australia’s largest bank, CBA. This acquisition bolsters LGT’s foothold in the Australian wealth management landscape, reaffirming its dedication to high-quality advisory services, enduring client relationships, and sustainable growth. The acquisition is expected to transfer more than CHF 2.8 billion (AUD 5 billion) in assets from CBA’s ultra-high-net-worth and high-net-worth clients to LGT, accompanied by the integration of approximately 40 experienced advisers, associates, and support staff into LGT Crestone, LGT’s Australian business. Once completed, the transaction will solidify its position as a trusted partner for sophisticated private wealth clients. The acquisition is structured to ensure a smooth integration for Commonwealth Private Advice’s clients and employees, allowing them to benefit from LGT’s global strength, stability, and exceptional expertise, with over CHF 356 billion (AUD 500 billion) in assets under management worldwide. This transaction aligns with LGT’s long-term growth strategy, which focuses on expanding its footprint in key markets and providing clients with world-class advisory services, wealth planning, and access to private markets and sustainable investments. It is expected to close by mid-2025, and will enhance LGT’s Australian operations, which include Adelaide, Brisbane, Melbourne, Perth and Sydney. LGT Crestone currently has more than 350 employees, including more than 100 advisers across Australia.” Earlier in November, Liechtenstein private bank LGT hired KPMG & ex-UBS Peter Lee as Head of Family Office Services. Peter Lee has more than 33 years of financial industry experience including at Deloitte, KPMG, UBS, Rabobank & Daiwa. Peter Lee joins from KPMG China (Partner, Family Advisory, Private Enterprise Practice), and prior was with UBS (Head of Family Advisory APAC, Global Wealth Management) and Deloitte (Partner & Leader, Family office & Family Enterprise Consulting). In 2024 August, LGT appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank.
Michael Chisholm, CEO of LGT Crestone: “We are delighted CBA – one of Australia’s leading financial institutions – has chosen LGT Crestone as the trusted home for their highly valued ultra-high net worth and high-net worth clients and employees. It’s a terrific validation of our efforts to build a truly outstanding private wealth advice business catering to the needs of the most sophisticated investors in Australia. This transaction is driven by our shared purpose and values with Commonwealth Private Advice, particularly our client-centric approach to managing the wealth and financial wellbeing of sophisticated high-net-worth clients.”
H.S.H. Prince Max von und zu Liechtenstein, Chairman LGT: “LGT is delighted to strengthen our role in Australia as we welcome both the clients and colleagues of Commonwealth Private Advice. Clients need stable partners who provide comprehensive and secure opportunities throughout their financial journeys, and we are committed to delivering that level of support and confidence to our new clients. With this acquisition, we are accelerating our growth trajectory in one of the world’s most promising wealth markets, deepening our commitment to the APAC region and our clients here. Today, APAC represents more than a third of LGT’s business, a reflection of both our strategic focus and our ambition to build a truly diversified global private banking group.”
LGT is a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As at 30 June 2024, LGT managed assets of CHF 356.0 billion (USD 396.2 billion) for wealthy private individuals and institutional clients. LGT employs over 5800 people who work out of more than 30 locations in Europe, Asia, the Americas, Australia and the Middle East.
Liechtenstein Private Bank LGT Hires KPMG & ex-UBS Peter Lee as Head of Family Office Services, 33 Years of Financial Industry Including at Deloitte, KPMG, UBS, Rabobank & Daiwa
12th November 2024 – Liechtenstein private bank LGT has hired KPMG & ex-UBS Peter Lee as Head of Family Office Services. Peter Lee has more than 33 years of financial industry including at Deloitte, KPMG, UBS, Rabobank & Daiwa. Peter Lee joins from KPMG China (Partner, Family Advisory, Private Enterprise Practice), and prior was with UBS (Head of Family Advisory APAC, Global Wealth Management) and Deloitte (Partner & Leader, Family office & Family Enterprise Consulting). In 2024 August, LGT appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank.
Liechtenstein Private Bank LGT Appoints Mark Lim as Deputy CEO for Singapore in Addition to Existing Role as Head of Legal APAC, Joined LGT in 2022 & Has 22 Years of Wealth Management Industry Experience Including at Merrill Lynch & Citibank
3rd August 2024 – Liechtenstein private bank LGT has appointed Mark Lim as Deputy CEO for Singapore in addition to his existing role as Head of Legal APAC. Mark Lim joined LGT Private Banking in 2022, and has 22 years of wealth management industry experience including at Merrill Lynch & Citibank.
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